What is the 'Ryan plan'? Budget proposal back in spotlight with VP announcement Published August 11, 2012 FoxNews.com
With Rep. Paul Ryan selected as Mitt Romney's running mate, voters will be hearing a lot about the so-called "Ryan" plan.
So what is it?
Though each party has strong feelings about what Ryan's controversial budget proposal entails, here are a few highlights. Just the facts:
The latest full-scale version of the plan, unveiled in March, vows to cut spending by $5 trillion over the next decade, compared against President Obama's plan.
The plan would, a decade from now, give seniors the option of taking a government payment to purchase health insurance. That payment could be used to buy a private insurance plan, or go toward the traditional Medicare plan. The plan calls for extra assistance to help low-income beneficiaries and those with "greater health risks."
The plan would overhaul Medicaid by turning it into a block grant system for states.
The plan would cut the corporate tax rate from 35 percent to 25 percent. It would implement two individual income tax brackets -- 10 percent and 25 percent.
The plan would head off the scheduled automatic defense cuts, first by diverting the planned $55 million defense cut in 2013 by implementing those cuts elsewhere.
The plan vows to bring the size of government to 20 percent of GDP by 2015
The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails. William Arthur Ward
Is'nt like 90% of Alaska government land? Does that sound sane? I'm all for having protected land, but the western states don't fare much better. The states ought to be able to have more control over their own well being. We can't even drill for needed oil because the feds' dither.
Is'nt like 90% of Alaska government land? Does that sound sane? I'm all for having protected land, but the western states don't fare much better. The states ought to be able to have more control over their own well being. We can't even drill for needed oil because the feds' dither.
+1 The Federal Government has no Constitutional authorization to hold huge tracts of land within the states.
if the citizenry can't tolerate even the modest cuts of the Ryan plan, they doom themselves to far worse when interest begins to freeze out everything else. Ryan's nomination will help to frame this as a referendum between the payers and grownups, and the takers and dreamers who think the gravy train can just run on forever.
Proudly representing oil companies, defense contractors, and firearms manufacturers since 1980. Because merchants of death need lawyers, too.
The plan would head off the scheduled automatic defense cuts, first by diverting the planned $55 million defense cut in 2013 by implementing those cuts elsewhere.
......
Thank God!! Now we can make sure to build little Haji's school so he can be an educated little bastid who hates us.
Is'nt like 90% of Alaska government land? Does that sound sane? I'm all for having protected land, but the western states don't fare much better. The states ought to be able to have more control over their own well being. We can't even drill for needed oil because the feds' dither.
horseshit...you ain't been to Wyoming in a while have you ...another uneducated response. There are wells and coal mines all over federal ground here. and 5000 new permits in my county alone.
Liberalism is a mental disorder that leads to social disease.
The plan would head off the scheduled automatic defense cuts, first by diverting the planned $55 million defense cut in 2013 by implementing those cuts elsewhere.
......
Thank God!! Now we can make sure to build little Haji's school so he can be an educated little bastid who hates us.
Rex give it a rest..........ok?
Liberalism is a mental disorder that leads to social disease.
The plan would head off the scheduled automatic defense cuts, first by diverting the planned $55 million defense cut in 2013 by implementing those cuts elsewhere.
......
Thank God!! Now we can make sure to build little Haji's school so he can be an educated little bastid who hates us.
Is'nt like 90% of Alaska government land? Does that sound sane? I'm all for having protected land, but the western states don't fare much better. The states ought to be able to have more control over their own well being. We can't even drill for needed oil because the feds' dither.
+1 The Federal Government has no Constitutional authorization to hold huge tracts of land within the states.
hey tinfoil nunchuck boy get a real life. Why don't you do something meaningful with your life. I suggest you focus your energy on lobbying in DC
Liberalism is a mental disorder that leads to social disease.
Sorry my friend. If we need to make sacrifices, we all need to sacrifice and that includes dubious defense spending. The fact they(GOP) would try to take defense spending off the table just tells me they want the bill to go nowhere because they never intended for it to pass.
if the citizenry can't tolerate even the modest cuts of the Ryan plan, they doom themselves to far worse when interest begins to freeze out everything else.
Very true,....but of course, if the populace really wanted a fiscally responsible candidate, Ron Paul would be the nominee.
Ryan is going to have to walk a fine line with his rhetoric.
Somehow, he's got to convince the young people that he's the Social Security/Medicare hatchet man without letting the older folks find it out.
I'm still trying to figure out how Romney and Ryan are going to get the American support for their plan to make cuts to Medicare, raise SS age and then turn around and give tax cuts to the wealthiest Americans?
Not saying any of that doesn't need done but it sure doesn't sound like it's going to win over many converts.
Sorry my friend. If we need to make sacrifices, we all need to sacrifice and that includes dubious defense spending. The fact they(GOP) would try to take defense spending off the table just tells me they want the bill to go nowhere because they never intended for it to pass.
I agree that we don't need to "save" every horseshit 3rd world country but I am all for defending this country. Too much waste in government I agree with, but start with the welfare rats and congresscritters. Also chop the dicks and hands off the unscrupulous defense contractors.BUT secure or borders and defend them to the death.
Liberalism is a mental disorder that leads to social disease.
So true. That's a defect.